1998 Porsche Boxster Insurance Rates – 5 Tips for Cheaper Quotes

Paying for high-priced Porsche Boxster insurance can drain your checking account and make it hard to pay other bills. Shopping your coverage around is free and is an excellent way to help make ends meet. Many insurance companies compete for your hard-earned dollar, so it’s not easy to compare every provider to find the cheapest price

It’s smart to compare prices at least once a year because rates are usually higher with each renewal. Just because you had the best price on Boxster insurance a year ago you may be paying too much now. Starting now, forget anything you know (or think you know) about car insurance because you’re going to learn the proper way to reduce your cost while increasing coverage.

How to Compare Car Insurance Rates

There are a lot of ways to compare car insurance quotes, but there is one way that is easier and takes less work. You can waste a few hours (or days) talking about coverages with insurance agencies in your area, or you can stay home and use online quotes to accomplish the same thing much quicker.

Many of the larger companies participate in an industry program where prospective buyers submit one quote, and at least one company can give them a price based on that information. This system prevents you from having to do quote requests for each company.

To get comparison pricing now click here (opens in new window).

One minor caviat to doing it this way is buyers cannot specifically choose which insurance companies you want to price. So if you prefer to choose specific insurance companies for rate comparison, we have a listing of low cost car insurance companies in your area. View list of insurance companies.

Whichever method you choose, be sure to compare the exact same coverage information for each comparison quote. If you compare unequal deductibles or liability limits it’s not possible to determine the lowest rate for your Porsche Boxster.

Is there deception in advertising?

Drivers can’t get away from ads for the lowest price auto insurance by companies like State Farm and Allstate. They all say the same thing about savings if you move to them.

How do they all say the same thing? It’s all in the numbers.

Different companies can use profiling for the driver they prefer to insure. For instance, a desirable insured might be between 25 and 40, insures multiple vehicles, and has great credit. A customer who matches those parameters will qualify for the lowest rates and as a result will probably save when they switch companies.

Consumers who do not match the requirements will have to pay a higher premium which usually ends up with business going elsewhere. The ad wording is “customers that switch” not “people who quote” save that much money. That is how companies can truthfully advertise the savings. Because of the profiling, you need to get a wide range of price quotes. It is impossible to predict which insurance coverage company will give you the biggest savings on Porsche Boxster insurance.

Be sure to get all your discounts

Companies offering auto insurance don’t always publicize every available discount very well, so the following is a list of both the well known and also the lesser-known ways to save on insurance. If you don’t get every credit you deserve, you’re just leaving money on the table.

  • Multiple Policy Discount – If you have multiple policies with one insurance company you will save up to 20% off your total premium.
  • Own a Home – Owning a home can help you save on insurance because owning a home demonstrates responsibility.
  • Claim Free – Drivers with accident-free driving histories can save substantially as compared to drivers who are more careless.
  • Military Rewards – Having a deployed family member could mean lower rates.
  • Passive Restraints and Air Bags – Vehicles equipped with air bags or motorized seat belts may earn rate discounts of 20% or more.

Keep in mind that some credits don’t apply the the whole policy. Most cut the price of certain insurance coverages like comprehensive or collision. So despite the fact that it appears it’s possible to get free car insurance, insurance companies aren’t that generous.

A partial list of companies who might offer these benefits are:

Double check with each company what discounts are available to you. Savings may not apply in your area.

How do I know if I need professional advice?

When it comes to choosing the best insurance coverage coverage, there really is no “best” method to buy coverage. Each situation is unique and a cookie cutter policy won’t apply. Here are some questions about coverages that can aid in determining if your situation might need an agent’s assistance.

  • How can I get high-risk coverage after a DUI?
  • Which companies will insure high-risk drivers?
  • What is roadside assistance coverage?
  • Can I get a multi-policy discount?
  • Am I covered when driving a rental car?
  • Is my babysitter covered when using my vehicle?

If you’re not sure about those questions, you may need to chat with a licensed agent. To find an agent in your area, take a second and complete this form or you can also visit this page to select a carrier It’s fast, free and you can get the answers you need.

Car insurance 101

Learning about specific coverages of a car insurance policy can be of help when determining appropriate coverage and the correct deductibles and limits. The coverage terms in a policy can be confusing and even agents have difficulty translating policy wording. Shown next are the usual coverages available from car insurance companies.

Auto liability

Liability insurance protects you from damages or injuries you inflict on a person or their property. This coverage protects you from legal claims by others. It does not cover your own vehicle damage or injuries.

Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have limits of 50/100/50 which means $50,000 bodily injury coverage, $100,000 for the entire accident, and property damage coverage for $50,000.

Liability can pay for things such as medical expenses, legal defense fees, loss of income, structural damage and attorney fees. How much liability should you purchase? That is a personal decision, but it’s cheap coverage so purchase as much as you can afford.

Collision coverage protection

This coverage pays to fix your vehicle from damage caused by collision with a stationary object or other vehicle. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision insurance covers things such as crashing into a building, sideswiping another vehicle, driving through your garage door, backing into a parked car and sustaining damage from a pot hole. This coverage can be expensive, so analyze the benefit of dropping coverage from lower value vehicles. You can also raise the deductible in order to get cheaper collision rates.

Comprehensive or Other Than Collision

Comprehensive insurance will pay to fix damage from a wide range of events other than collision. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive insurance covers claims such as hitting a bird, fire damage, falling objects, damage from a tornado or hurricane and damage from getting keyed. The most a car insurance company will pay at claim time is the ACV or actual cash value, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

Medical costs insurance

Personal Injury Protection (PIP) and medical payments coverage provide coverage for expenses for things like prosthetic devices, chiropractic care and dental work. They are often used to cover expenses not covered by your health insurance plan or if there is no health insurance coverage. Medical payments and PIP cover you and your occupants and will also cover being hit by a car walking across the street. PIP is not an option in every state and gives slightly broader coverage than med pay

UM/UIM Coverage

Uninsured or Underinsured Motorist coverage protects you and your vehicle when other motorists either have no liability insurance or not enough. It can pay for injuries to you and your family and also any damage incurred to your Porsche Boxster.

Due to the fact that many drivers have only the minimum liability required by law, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family.

A little work can save a LOT of money

In this article, we covered many tips how you can reduce 1998 Porsche Boxster insurance prices online. The most important thing to understand is the more you quote, the better likelihood of reducing your rate. Drivers may discover the lowest rates come from a lesser-known regional company. Some small companies may only write in your state and offer lower rates than the large multi-state companies such as Progressive or Geico.

Lower-priced insurance is possible from both online companies and with local insurance agents, so you should be comparing quotes from both in order to have the best price selection to choose from. There are still a few companies who do not offer online price quotes and many times these regional insurance providers only sell through independent insurance agents.

Much more information about insurance coverage can be found at the links below